{"id":418,"date":"2026-02-02T08:40:37","date_gmt":"2026-02-02T08:40:37","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=418"},"modified":"2026-02-02T08:40:37","modified_gmt":"2026-02-02T08:40:37","slug":"200-billion-lost-as-btc-eth-and-xrp-plunge-on-saturday","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/02\/02\/200-billion-lost-as-btc-eth-and-xrp-plunge-on-saturday\/","title":{"rendered":"$200 Billion Lost as BTC, ETH, and XRP Plunge on Saturday"},"content":{"rendered":"\n
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Crypto markets faced a brutal weekend as Bitcoin, Ethereum, and Ripple\u2019s XRP led a widespread sell-off that erased around $200 billion from the total market capitalization in a matter of hours. Bitcoin fell to just above $75,000, marking its lowest level since April of last year, while Ethereum dipped under $2,250 and XRP hit a 14-month low at $1.50. The crash has left both seasoned and new investors on edge, with many altcoins suffering double-digit losses as panic spread across the market.<\/p>\n\n\n\n

Bitcoin\u2019s Volatile Week<\/strong><\/p>\n\n\n\n

The week began with Bitcoin trading around $89,000 before dropping to $86,000 early on, marking a five-month low at the time. The asset recovered over the following days, climbing back above $90,000 just before Wednesday\u2019s FOMC meeting. However, the Fed\u2019s decision to pause interest rate cuts, combined with rising tensions in the Middle East, created selling pressure. On Thursday, BTC plunged to $81,000, its lowest level since July, after news of U.S. Navy movements near Iran intensified market uncertainty.<\/p>\n\n\n\n

Friday brought a brief recovery as BTC climbed to around $84,000, but the respite was short-lived. On Saturday, Bitcoin traded sideways between $83,000 and $84,000 before suddenly crashing to just over $75,000. In total, BTC lost roughly $20,000 in less than two weeks. As of now, it has recovered slightly to $79,000 but is still down about 5% on the day, with a market capitalization below $1.6 trillion and dominance over altcoins at 57.4%.<\/p>\n\n\n\n

Altcoins Experience Heavy Losses<\/strong><\/p>\n\n\n\n

Ethereum followed Bitcoin\u2019s trend, dropping from $2,800 to $2,250. XRP fell sharply to $1.50, marking a low not seen in over a year. Other major altcoins, including SOL, XMR, LTC, SUI, LINK, and DOGE, also suffered steep declines, with losses ranging from 5% to 10% in just 24 hours. Only a few tokens, such as HYPE, posted modest gains, standing out as rare exceptions in an otherwise red market.<\/p>\n\n\n\n

Market-Wide Impact<\/strong><\/p>\n\n\n\n

The total crypto market cap now stands at $2.7 trillion, reflecting the scale of the weekend sell-off. Over-leveraged traders were hit particularly hard, with billions liquidated in just a short span. Around $2.5 billion in leveraged positions were wiped out over the weekend, with another $800 million lost in the past 24 hours, mostly from long positions. The volatility highlights the risks traders face in highly leveraged crypto markets and underscores how quickly sentiment can shift in response to global events and regulatory news.<\/p>\n\n\n\n

Looking Ahead<\/strong><\/p>\n\n\n\n

While the market\u2019s rapid declines are concerning, some analysts see these events as part of crypto\u2019s natural volatility cycle. Sharp corrections have historically been followed by periods of recovery, and market participants are watching closely for signs of stabilization. Investors may take the weekend\u2019s turmoil as an opportunity to reassess positions, manage risk, and potentially enter positions during market weakness.<\/p>\n\n\n\n

The events of this weekend serve as a stark reminder that cryptocurrency remains a highly volatile and fast-moving market, where both gains and losses can accumulate rapidly.<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto markets faced a brutal weekend as Bitcoin, Ethereum, and Ripple\u2019s XRP led a widespread sell-off that erased around $200 billion from the total market capitalization...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-418","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=418"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/418\/revisions"}],"predecessor-version":[{"id":420,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/418\/revisions\/420"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}